Showing 1 - 10 of 179
It's the economic history, stupid
Oped, Iker Saitua, Published on 14/01/2026
» Every year, I walk into a first-year lecture hall in Bilbao at the University of the Basque Country (EHU) and watch shoulders slump. The title of the course I'm teaching -- "Economic History" -- draws a similarly dejected reaction from my students: "Meh." "Boooring." "What's this even for?" Some call it "the history class", as if it belonged to another century.
China's bluster over Japan's Taiwan remarks
News, John J Metzler, Published on 05/12/2025
» Beijing has gone rhetorically ballistic over comments by Japan's new Prime Minister Sanae Takaichi, that a Chinese attack on Taiwan could constitute "a situation threatening Japan's survival" that thus could trigger a military response. Her statement poses uncharacteristically tough talk from Tokyo at a time when tensions are running high in the Far East.
Derelict outpost
Oped, Postbag, Published on 03/12/2025
» Re: Toxic threat sweeps all before it", (BP, Dec 1). Your recent report left me more than a little confused about a village I have known for 37 years. The description bore little resemblance to the village I visit maybe four times a week when I visit my local supermarket or withdraw money from the ATM. Those golden years of rafting took place before the highway was constructed over the mountain range.
New tech disrupts global order
Oped, Mark Blyth & Daniel Driscoll, Published on 18/11/2025
» News media tend to focus on the world's major powers because they command more resources by dint of their relatively larger economies, militaries and energy endowments. But there are costs to such dominance. For example, a single American Gerald R Ford-class aircraft carrier costs $13 billion (421.6 billion baht), while the F-35 fighter jet costs about $100 million. So, if you can build your military equipment for less than your opponent, you can gain a strategic advantage.
Adam Smith and the moral economy we have lost
Oped, Antara Haldar, Published on 12/11/2025
» With the 250th anniversary of The Wealth of Nations approaching next year, the world is gearing up to honour Adam Smith. But which Smith should be recognised? The hard-nosed "founding father" of modern economics, or the philosopher who wrote The Theory of Moral Sentiments? Scholars have wrestled with this question, a riddle known as "Das Adam Smith Problem", for centuries, because it concerns not just dualities within Smith's thought, but also our own uneasy relationship with morality and markets.
Tackling Thai-Cambodian border row
Oped, William Roth, Published on 12/11/2025
» The tragic landmine injuries on Monday to two Thai soldiers have cast doubt on whether the ceasefire agreement with Cambodia will hold. But, even if it does, one also has to wonder whether either country really wishes to have lasting peace along this border. After all, for over 70 years, both countries, for domestic political purposes, have periodically used the continuing uncertainty about the actual boundary line to whip up nationalist sentiment.
Rethinking finance beyond aid
Oped, Justin Yifu Lin & Yan Wang, Published on 06/11/2025
» Traditional donors have sharply scaled back their aid commitments to developing countries over the past year. Some, like the United States, have virtually eliminated their aid programmes. According to the Organisation for Economic Co-operation and Development (OECD), official development assistance (ODA) from member countries declined by 7.1% in 2024, its first annual drop in six years.
Banned bets
Oped, Postbag, Published on 24/10/2025
» Re: "Anutin bans poker, sports gambling nationwide", (BP, Oct 23). So, Prime Minister Anutin Charnvirakul has banned gambling again. The prohibition specifically aims at poker and other similar sports-themed card games. The Ministry of Tourism and Sport earlier classified poker only as a sport? Well, it's not, is it -- it's a card game that is invariably played for money, unlike many others, such as bridge, which are not.
Brothers' trial puts focus on 'Wild West of crypto'
News, Miles J Herszenhorn, Published on 18/10/2025
» Two brothers, both recent Massachusetts Institute of Technology graduates, are going on trial this week in a case that promises to shed light on a secretive and controversial cryptocurrency trading strategy.
Is there a case for IMF gold sales?
News, Tim Hirschel-Burns & Marina Zucker-Marques, Published on 14/10/2025
» With developing countries facing intense financial pressure and developed countries slashing foreign aid, it can be tempting to dream of stumbling across a pot of gold. Dream no longer: The International Monetary Fund is currently sitting on 90.5 million ounces of the metal.